-Calculate the Direct Materials Price Variance

question 100

Multiple Choice

-Calculate the direct materials price variance.

• A) $1,795.50 favorable
• B) $378.00 favorable
• C) $4,512.50 unfavorable
• D) $378.00 unfavorable

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Definitions:

High-Growth Markets

Markets characterized by significantly higher than average growth rates, often driven by new technologies or changing consumer behaviors.

High Share

A significant portion or percentage of the total available market controlled by a particular company or product.

SBUs

Strategic Business Units are semi-autonomous units within larger organizations, focused on a specific market segment or product line and are responsible for their own strategy and profitability.

Slow-Growth Markets

Markets characterized by lower rates of growth compared to other markets, often due to market maturity or saturation.